ANZ nominees own 27%, now another 8% thanks to OPES clients. Who's going to buy those shares? Who is going to provide the capital required for the next few quarters? Scary times to be looking for $$$$ to keep the business running!
How much fat can they trim to ensure a rosy future?! Any future?!!?
Don't trim the developers otherwise you'll miss out on the Cath Ed $millions. Don't trim the sales team, they need to sell to make you $$$$. Tetley's got trimmed, finally a good move. Reduction in board salaries, nah?!
How could an ex MacBanker let it happen? Why was there raising after raising with no real value being added to the company, they were doing it to just get by quarter after quarter - it eventually runs out....
I honestly hope I'm wrong, but I think it's looking grim.
MXL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
